Future Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
US MIDWEST #1 BUSHELING FERROUS SCRAP Jan 2022 (NYMEX:BUS.F22)
Weak Downtrend (-65) - BUS.F22 is showing signs of a strengthening downtrend. Monitor BUS.F22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BUS.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for BUS.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BUS.F22
The long-term trend has been DOWN since Aug 5th, 2021 at 675
The intermediate-term trend has been UP since Sep 15th, 2021 at 593
The short-term trend has been DOWN since Aug 3rd, 2021 at 685
Smart Scan Analysis for BUS.F22
Based on our trend formula, BUS.F22 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).